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Data center developer Switch is in talks to raise billions of dollars at a valuation of at least $50 billion, as it seeks to capitalize on soaring demand for the infrastructure needed to support artificial intelligence, according to people with knowledge of the deal.
Brookfield Asset Management, KKR and other private equity and institutional investors have been in talks to invest in the round, people familiar with the matter said. Their conversations are early and there is no guarantee they will lead to a.
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Stephen Wacker is taking over for the controversial C.B. Cebulski, who's held the gig since 2017. Read more ›
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Brussels’ preliminary finding could eventually cost Meta up to 6% of its global revenue. But Meta gets to argue back first, and nothing has been decided yet. Read more ›
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According to a new report from Bloomberg's Mark Gurman, Apple is going to launch the OLED iPad mini "as early as this fall". It will be released by October, apparently. A recent rumor claimed that while the iPad mini will have an OLED display, it will not get ProMotion so it will be stuck with a 60Hz refresh rate. The OLED iPad mini may be more expensive than the current... Read more ›
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Сама вселенная надеется, что на планете Земля мужчина и женщина найдут друг друга. За тысячи лет это бывало у людей несметное число раз. Но эти двое - особый случай. Они - точка квантовой бифуркации. От их встречи зависит, станет ли мир счастливым, или навеки погрузится в печаль. Однако, найти друг друга непросто, если злые силы встают на пути. Вся надежда только на доброго джинна Элвиса. Читать далее Read more ›
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Artificial intelligence will be used across naval operations to accelerate the speed of information and data gathering. Read more ›
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Hilton CEO Chris Nassetta defended the company's need for 28 brands as a data-driven strategy rather than sprawl, while also pointing to AI as the next lever for fixing guest problems in the moment. Read more ›
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For long-lasting, glowy bridal makeup at a wedding, I recommend skincare and beauty products from Charlotte Tilbury, Laneige, Patrick Ta, and more. Read more ›
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Ina Garten's baked shrimp scampi recipe came together in a few easy steps. The sauce tasted flavorful and delicious, but I'd use less salt next time. Read more ›
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The White House press secretary insisted, "there are very strict ethical guidelines here at the White House," on Thursday. Read more ›
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GridCARE claims its software can unlock 300 GW of hidden transmission capacity, easing rising electricity demand without expanding infrastructure. Read more ›
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The National Highway Traffic Safety Administration is also investigating the crash Read more ›
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Regulatory approval of brain implants in China mean they can now be fixed to the brains of anyone who wants to try them. Read more ›
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The Signal Ring has been created by an ex-Google head and "a very smart group of multidisciplined people focused on a single problem" — blood pressure. Read more ›
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An anonymous reader quotes a report from Techdirt: In 2022, due to "evolving licensing agreements" with distributor StudioCanal, German and Austrian users had hundreds of movies disappear from their PS accounts, long after buying them through Sony. Then in 2023, it happened again in America, specifically when Sony ended its licensing agreement with Discovery after the Warner Bros. merger, which, of course, has since been bought by Paramount Skydance. That... Read more ›
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Google Search's AI Mode can now connect to apps like Instacart, Canva, and YouTube Music to complete tasks for you. Read more ›
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The Information
Anthropic’s Long-Term Benefit Trust, the group charged with appointing new board members for the company, named former chair of the Federal Reserve Ben Bernanke as its fourth member on Thursday. Bernanke’s naming fills a key opening on the trust, which still has one of five seats ... Read more ›
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OpenAI, as part of its effort to attract more business customers, announced a new agent—called ChatGPT Work—which taps into corporate data to automate the creation of spreadsheets and presentations, and can also handle more complex tasks like updating financial forecasts and conducting ... Read more ›
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Cursor is developing a general-purpose AI agent meant to compete with popular tools like Anthropic’s Claude Cowork, two people familiar with the project said, part of a broader push by the company to diversify beyond coding-focused tools. Work on the new agent began after Cursor started leasing compute capacity in April from SpaceX’s AI unit, known as SpaceXAI, the people said, and comes ahead of SpaceX’s planned $60 billion acquisition... Read more ›
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Coinbase said Chief Legal Officer Paul Grewal will step down after nearly six years at the firm. The company will name Molly Abraham, vice president of legal, as its general counsel and secretary. “Now is my time for new adventures,” Grewal said in a tweet Thursday. At Coinbase, he fought ... Read more ›
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Lancium, a power infrastructure developer behind OpenAI and Oracle’s data center campus in Texas, is in talks with major tech companies to sell a minority stake, according to people familiar with the matter. Lancium’s portfolio of gigawatt-scale Texas campuses has drawn interest from several tech companies, including Nvidia, some of the people said. Anthropic spent some time with Lancium’s team, though its discussions were exploratory and it didn’t ultimately engage... Read more ›
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A $26 billion U.S. stock offering by South Korean memory chip giant SK Hynix looks likely to benefit from colossal investor interest in the hardware companies powering the AI boom. At least one smaller tech manufacturer is angling to take advantage of the investor frenzy. ScaleFlux, a 12-year-old startup that designs memory controllers and storage drives used in AI data centers, wants to go public as soon as this fall,... Read more ›
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Data labelling startup Mercor said Thursday it had bought Deeptune, which designs reinforcement learning environments, or simulated spaces that helps teach AI models how to operate and act. Mercor pays contractors, often with domain expertise in fields such as physics and finance, on an hourly ... Read more ›
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Fidji Simo is stepping down from her role as CEO of AGI deployment for OpenAI amid her battle with a chronic illness, the longtime tech executive said on Thursday. Simo said in a post on X that she will transition to being a part-time advisor to OpenAI. Her announcement extends a vacancy in the ... Read more ›
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The AI laggards are going on the offensive! Meta Platforms on Thursday unveiled its latest AI model, Muse Spark 1.1, a day after SpaceX’s AI unit introduced a new model of its own. Like SpaceX, Meta claimed its new model delivers performance comparable to that of established models from AI labs such as OpenAI, Anthropic and Google. We’ll have to wait a few days to see whether developers agree. (Meanwhile,... Read more ›
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Junjie Yan, founder and CEO of Chinese AI developer MiniMax told employees in an internal memo that he will forgo his salary until the company achieves artificial general intelligence, while also promising to allocate some of his personal shares toward employee incentives. In the memo, which was ... Read more ›
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16.07.2026 15:40
Last update: 15:35 EDT.
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